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State of Odisha - Section

Section 13 in The Orissa Prize Competition Rules, 1955

13. Keeping books of accounts.

- The accounts referred to in Section 7 of the Act shall be maintained according to the following provisions, namely:
(a)there shall be a cash book in From 'D' and all transactions relating to each prize competition shall be, entered in the appropriate sections of the cash book;
(b)the cash book, both on the receipt side and on the expenditure side, shall be written up day by day, and at the end of each day's transaction the total of receipt and expenditure for the day and the progressive total receipts and expenditure since the commencement of the prize competition to which the entries relate, shall be struck; and
(c)at the close of each prize competition an abstract of the total receipts and expenditure on account thereof, including the expenditure on the award of prizes shall be exhibited in cash book itself ; and where prizes awarded to competitors who have submitted free entry coupons, that fact shall be clearly stated and full particulars of such successful competitors shall be clearly and separately shown in the cash book.